Exercise $14-2$A $($Algo$)$ Use the indirect method to determine cash flows from operating activities LO $14-1$

Franklin Incorporated presents Its statement of cash flows using the Indirect method. The following accounts and corresponding

balances were drawn from the company's Year $2$ and Year $1$ year$-$end balance sheets.

The Year $2$ income statement showed net income of $$29,000.$

Required

Prepare the operating activities section of the statement of cash flows.

Note: Amounts to be deducted should be Indlcated with minus sign.